Construction of Stradins Clinical University Hospital’s new ward becomes even more expensive
P. Stradins Clinical University Hospital board member Agra Ločmele reports that on Wednesday, the 22nd of March, an agreement was reached with Velve…
Category: Business
BNN IN FOCUS | by investing 700 million, Ignitis promises Latvia cheaper electricity
A promise like that from the main energy company in Lithuania and the biggest energy company in the Baltic States could be fulfilled…
Credit Suisse’s bailout shakes up global financial market
The Swiss political elite prepared for the move, which rocked the world financial market and hit the front pages of the most popular…
Minor damage to the battery turns electric cars into junk
For most electric cars it is impossible to repair even the smallest battery damage, which means that sometimes the cars are written off…
Week in Lithuania: Tax reform package to be unveiled; Taiwanese fintech obtains Lithuanian license
This week, Lithuania expanded cooperation with Taiwan, and held joint military exercises with France, while the Lithuanian Orthodox Church is trying to reduce…
Sudden shocks in US banking system opens opportunities for future pensioners, says investment expert
SEB Bank Wealth Management chairman Jānis Rozenfelds has released an optimistic explanation for the situation in regards to the shocking news reported this…
Latvian Ministry of Transport to divert half of its budget towards roads in 2023
The Ministry of Transport reports that in 2023 it plans to divert EUR 341.9 million or 46% of its total available funding is…
Credit Suisse reports borrowing; concerns grow in the financial market
Swiss bank Credit Suisse has said it will borrow up to 54 billion dollars from the Swiss central bank to boost investor confidence…
European Commission suggests reforming EU’s electricity market model
On Tuesday, the 14th of March, the European Commission (EC) proposed reforming the European Union’s electricity market model, as noted by EC’s press…
